Category Archives: Economy

US pledges to put Russia on defensive at UN Security Council

WASHINGTON (AP) — The U.S. worked Sunday to ramp up diplomatic and financial pressure on Russia over Ukraine, promising to put Moscow on the defensive at the U.N. Security Council as lawmakers on Capitol Hill said they were nearing agreement

French left is divided, weakened in presidential race

PARIS (AP) — The French left is running divided and weakened in this year's presidential race as at least five mainstream presidential candidates have rejected any alliances with each other — and an online vote meant to pick a leader

Socialists win reelection in Portugal, eye major investments

LISBON, Portugal (AP) — Portugal’s center-left Socialist Party won a third straight general election Sunday, returning it to power as the country prepares to deploy billions of euros (dollars) of European Union aid for the economy after the COVID-19 pa...

Boris Johnson’s mounting trouble is treasure for satirists

LONDON (AP) — A politician’s troubles are a humorist’s treasures. The scandal-prone British Prime Minister Boris Johnson has given cartoonists and meme-makers unimaginable riches for years, and

EXPLAINER: Why US sanctions may target individual Russians

WASHINGTON (AP) — The White House and U.S. officials have threatened Russia with financial sanctions carrying “severe consequences” if it invades Ukraine, but so far plenty of people have been prime targets for Western pain.

Turkish leader names new statistics chief as inflation rises

ISTANBUL (AP) — Turkey’s president has fired the head of the Turkish Statistical Institute, which is responsible for posting official inflation statistics, among other data, at a time when prices have skyrocketed in Turkey.

Germany’s climate-focused Greens elect new leadership duo

VIENNA (AP) — Germany’s Greens party elected a new leadership team Saturday that vowed to continue fighting for the party’s core issues, especially combating climate change, as it adjusts to its role in Germany’s new governing coalition.

Virginia Republicans push for changes in marijuana law

RICHMOND, Va. (AP) — Newly empowered Republican lawmakers in Virginia who opposed legalizing simple possession of marijuana say they don’t want to scrap the law, but they do want to make significant changes.

Court ruling gives Biden chance for reset on climate policy

WASHINGTON (AP) — President Joe Biden has an opportunity for a reset on climate policy after a federal judge rejected an administration plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling.

Italian minister: Climate talks include fund governance

MILAN (AP) — Government officials and diplomats from the world’s most climate-polluting nations are grappling with the issue of how to govern the vast funds being pledged to fight global warming, Italy’s climate minister said Friday.

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